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Morning News Round-up:

Morning News Round-up:

Ø  IMD predicts below-normal monsoon, says El Niño could make things worse

Ø  FIEO sees sharp drop in exports, sees government support

Ø  Wipro eyes $2 bn revenues by 2018 in healthcare biz

Ø  Advent, Temasek to buy electric biz of Crompton

Ø  S&P upgrades outlook on Tata Power to ‘stable’

Ø  Shanghvi did not buy Daiichi’s shares: Sun Pharma

Ø  Suvidhaa Infoserve applies for payment bank licence

Ø  FIIs with tax pact shield may be exempt from MAT

Ø  Jet Airways puts its wide-body fleet on sale to reduce debt

Ø  Biocon to go ahead with Syngene IPO, listing likely in July

Ø  ADB to fund $1 bn for Vizag-Chennai industrial corridor project

Ø  YES Bank Q4 net up 28% at Rs 551 crore

Ø  Indian Railways first in line to raise rupee bonds offshore

Ø  ITC in talks to buy Century’s paper business

Ø  Foreign Investors: No MAT likely on coupons on G-Sec, corporate bonds

Ø  Wipro staff to get shares worth Rs. 1 crore

Ø  Indian Hotels optimistic of settling Sea Rock dispute

Ø  US, Canada show interest in Indian virgin coconut oil

Ø  Tech Mahindra logs on to gaming business

Ø  Walmart wishes to source agri commodities from AP farmers

Ø  Sesa Sterlite renamed as Vedanta Ltd

Ø  Zomato buys US firm NexTable

Ø  E-commerce skews retail market curve in India

Ø  Petroleum minister reaches out to industry on gas pricing issue

Ø  Poor disclosure practices by top companies

Ø  Cabinet approves bill setting up courts for commercial disputes

Ø  Anil Ambani heeds Modi call, gives up LPG subsidy

Ø  Declining floating stocks of bluechip firms may be adding to their valuation premium

Ø  Regional carriers likely to get nod to fly additional metro route

Ø  Govt committed to equal access to Internet for all: Ravi Shankar Prasad

Ø  GST Bill to be taken up in Parliament in few days: Jaitley

Ø  Samsung keen to set up $100 million unit in Telangana

Ø  RBI staff concerned over Budget proposals in Finance Bill

Ø  Pininfarina says may have M&A news soon, Mahindra seen readying bid

Ø  Govt plans to sell road projs worth Rs1L cr

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